Direct Loan Canada Blog

The Estee Lauder Cos Inc. says it has struck a deal to buy Canadian skincare company Deciem Beauty Group Inc. at a valuation of US$2.2 billion
Source: ctv business
Estee Lauder to buy Toronto-based skincare company Deciem at US.2-billion valuation

Marriott International named a new CEO and a new president Tuesday, a little more than a week after its former leader died of cancer.
Source: ctv business
Marriott names Anthony Capuano new CEO, Stephanie Linnartz new president

Bitcoin surged to a new all-time high above US$58,000 on Sunday but fell to just above US$46,000 in early trading Tuesday morning.
Source: ctv business
Elon Musk, Bill Gates and Janet Yellen are sending bitcoin tumbling

A former McGill student has managed to turn his summer side hustle subletting apartments into a billion-dollar business with the backing of Amazon’s Jeff Bezos and baseball star Alex Rodriguez.
Source: ctv business
How a McGill dropout wound up running a billion-dollar business with Jeff Bezos’ backing

The investigation into an engine explosion on a jetliner taking off from Denver is focusing on a fan blade that appeared to be weakened by wear and tear, a development reminiscent of a fatal failure on board another plane in 2018.
Source: ctv business
Why an airliner’s engine exploded over Denver

For those who lost a lot of money trying to ride the GameStop bandwagon, and those who are afraid of doing the same, CTV News’ Chief Financial Commentator Pattie Lovett-Reid shares the advice she gives new investors.
Source: ctv business
Pattie Lovett-Reid: Novice investors, this blog is for you

Former prosecutors who now have their hands on Donald Trump’s tax records say the trove of records could give investigators new tools to determine whether the former U.S. president lied to lenders or tax officials, before or after he took office.
Source: ctv business
What New York prosecutors could learn from Donald Trump’s tax records

Declines in technology stocks are dragging the broader market lower Tuesday as investors remain increasingly focused on a big tick up in bond yields and what it means for the overall market. Major indexes pared a good part of their losses by the afternoon.
Source: ctv business
Technology sector leads stock market lower; bond yields rise

Dominion Voting Systems, the election technology company that has been the focus of debunked conspiracy theories about election fraud, is suing MyPillow and its CEO Mike Lindell.
Source: ctv business
MyPillow and CEO Mike Lindell hit with US.3 billion lawsuit

Companies are now being forced to answer a question that was until recently mostly hypothetical. Should they require their employees to get a coronavirus vaccine, or incentivize them to get the shot?
Source: ctv business
Insist or incentivize? Companies are deciding whether to make vaccines mandatory